Jefferies Lucre Jumps More Than Four-sheep Pen On Warm Trading

Jefferies net profit jumps to a greater extent than four-fold up on strong trading
By Reuters

Published: 12:01 BST, 20 Dec 2016 | Updated: 12:01 BST, 20 December 2016









e-post



Dec 20 (Reuters) - Investing money box Jefferies Aggroup LLC reported a acute increment in period of time profit, goaded by potent tax income in its equities and fixed-income securities trading commercial enterprise.

Net net profit attributable to Jefferies roseate to $87.18 million in the quaternary quarter all over November. 30, from $19.96 1000000 a twelvemonth before.

Total equities and frozen income gross more than doubled to $325.38 one thousand lanciao thousand.

Jefferies, a unit of measurement of Leucadia Home Corp, kicks bump off the reportage time of year for investiture banks and is much viewed as an indicant of the operation of Rampart Street Banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)